Developer closes on Boyd printing site

Clifton Park-based Cass Hill Development has closed on its $1.3 million purchase of the former Boyd Printing Co. property in downtown Albany, as it prepares to redevelop the site for apartments and offices.

Cass Hill’s Sheridan Place development would demolish several properties along Sheridan Avenue, but keep the four-story brick building that was the heart of Boyd’s operations, according to city officials.

It would also construct an adjacent seven-story building for apartments or condominiums.

The site is near No. Pearl Street and the Hampton Inn & Suites on Chapel Street.

Boyd Printing sought Chapter 11 bankruptcy protection in 2005, and put the building up for sale then. Several developers expressed interest in the site, but nothing materialized.